Southern Co (SO) director receives quarterly deferred stock unit award
Rhea-AI Filing Summary
Svinicki Kristine L reported acquisition or exercise transactions in this Form 4 filing.
Southern Company director Kristine L. Svinicki received a grant of 464.2047 deferred stock units as part of her quarterly director equity retainer under the Southern Company 2021 Equity and Incentive Compensation Plan. Each deferred stock unit represents the right to receive one share of Southern Company common stock.
The deferred stock units are paid into the Deferred Compensation Plan for Outside Directors and are settled in shares of common stock after she leaves the Board, according to her deferral elections. Following this award and related dividend reinvestments, she holds a total of 11,032.1291 deferred stock units.
Positive
- None.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Svinicki Kristine L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units Holding | 464.2047 | $96.94 | $45K |
Holdings After Transaction:
Deferred Stock Units Holding — 11,032.1291 shares (Direct)
Footnotes (3)
- F1. Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred pursuant to the Deferred Compensation Plan for Outside Directors of The Southern Company (Deferred Compensation Plan). Each deferred stock unit represents the right to receive one share of Southern Company common stock.
- F2. Deferred stock units are settled in shares of Southern Company common stock on the date(s) following the termination of the reporting person's service on the Board as specified by the reporting person pursuant to the Deferred Compensation Plan. There is no exercise or expiration date.
- F3. Includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan.
Key Figures
Deferred stock units granted: 464.2047 units
Implied award price: $96.94 per unit
Total deferred stock units held: 11,032.1291 units
+2 more
5 metrics
Deferred stock units granted
464.2047 units
Quarterly director equity retainer on 2026-04-01
Implied award price
$96.94 per unit
Grant of deferred stock units
Total deferred stock units held
11,032.1291 units
Holdings following the reported transaction
Conversion price
$0.00
Deferred stock units under compensation and deferral plans
Underlying common shares
464.2047 shares
Each deferred stock unit equals one Southern Company share
Key Terms
Deferred Stock Units, Deferred Compensation Plan, equity retainer, dividend reinvestment feature
4 terms
Deferred Stock Units financial
"Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan and deferred pursuant to the Deferred Compensation Plan for Outside Directors"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred Compensation Plan financial
"deferred pursuant to the Deferred Compensation Plan for Outside Directors of The Southern Company (Deferred Compensation Plan)"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
equity retainer financial
"Represents quarterly director equity retainer paid under the Southern Company 2021 Equity and Incentive Compensation Plan"
dividend reinvestment feature financial
"Includes additional deferred stock units acquired through the dividend reinvestment feature of the Deferred Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Southern Co (SO) director Kristine Svinicki report on this Form 4?
Kristine L. Svinicki reported receiving 464.2047 deferred stock units as part of her quarterly director equity retainer. These units are a form of stock-based compensation that convert into Southern Company common shares after she leaves the Board, per her deferral elections.
Is the Kristine Svinicki Form 4 for Southern Co (SO) an open-market stock purchase or sale?
The Form 4 reflects a grant of deferred stock units, not an open-market trade. The 464.2047 units are compensation under Southern Company’s equity plan, deferred into a director compensation program rather than bought or sold on the market.
How many deferred stock units does Kristine Svinicki now hold at Southern Co (SO)?
After this transaction, Kristine L. Svinicki holds a total of 11,032.1291 deferred stock units. Each unit represents the right to receive one share of Southern Company common stock, to be settled after her Board service ends under the deferral plan rules.
What plan governs the Southern Co (SO) deferred stock units granted to Kristine Svinicki?
The deferred stock units come from the Southern Company 2021 Equity and Incentive Compensation Plan and are deferred under the Deferred Compensation Plan for Outside Directors. Together, these plans define how quarterly equity retainers are granted, deferred, and ultimately paid in common shares.
Do Kristine Svinicki’s deferred stock units at Southern Co (SO) earn dividends?
Yes. The total reported deferred stock units include additional units acquired through the dividend reinvestment feature of the Deferred Compensation Plan. Cash dividends on Southern Company stock are reinvested as more deferred stock units instead of being paid out currently.